29 June 2015
Dear Sir, w.e.f. 01/10/2014 intt. on ST variate as 18%, 24%, 30%. In law there is a provision for concession of 3% in Intt. rate. So my question is that whether such concession applies only to 18% or to all i.e. Intt. rate will be 15%, 24%, 30% or it will be 15%, 21%, 27%. please clarify me.